HDFC Asset Management Company Limited

BSE:541729 Stock Report

Market Cap: ₹906.4b

HDFC Asset Management Management

Management criteria checks 3/4

HDFC Asset Management's CEO is Navneet Munot, appointed in Feb 2021, has a tenure of 3.75 years. total yearly compensation is ₹84.75M, comprised of 54% salary and 46% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth ₹92.20M. The average tenure of the management team and the board of directors is 1.6 years and 6.1 years respectively.

Key information

Navneet Munot

Chief executive officer

₹84.8m

Total compensation

CEO salary percentage54.0%
CEO tenure3.8yrs
CEO ownership0.01%
Management average tenure1.6yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Navneet Munot's remuneration changed compared to HDFC Asset Management's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹22b

Jun 30 2024n/an/a

₹21b

Mar 31 2024₹85m₹46m

₹19b

Dec 31 2023n/an/a

₹18b

Sep 30 2023n/an/a

₹17b

Jun 30 2023n/an/a

₹16b

Mar 31 2023₹78m₹44m

₹14b

Dec 31 2022n/an/a

₹14b

Sep 30 2022n/an/a

₹14b

Jun 30 2022n/an/a

₹14b

Mar 31 2022₹74m₹41m

₹14b

Dec 31 2021n/an/a

₹14b

Sep 30 2021n/an/a

₹14b

Jun 30 2021n/an/a

₹14b

Mar 31 2021₹33m₹5m

₹13b

Compensation vs Market: Navneet's total compensation ($USD1.00M) is about average for companies of similar size in the Indian market ($USD1.08M).

Compensation vs Earnings: Navneet's compensation has been consistent with company performance over the past year.

CEO

Navneet Munot (53 yo)

3.8yrs

Tenure

₹84,750,644

Compensation

Mr. Navneet Munot, CFA, has been Managing Director, Chief Executive Officer and Director of HDFC Asset Management Company Limited since February 16, 2021. He served as the Chief Investment Officer at SBI F...

Leadership Team

NamePositionTenureCompensationOwnership
Navneet Munot
MD, CEO & Director3.8yrs₹84.75m0.010%
₹ 92.9m
Naozad Sirwalla
Chief Financial Officer2.8yrsno datano data
V. Babu
Head of Operationsno datano data0.023%
₹ 212.1m
Prashant Jain
Chief Investment Officerno datano datano data
Simal Kanuga
Head of PMS Salesno datano datano data
Supriya Sapre
Chief Compliance Officerno datano datano data
Sonali Chandak
Head of Legal & Company Secretaryless than a yearno datano data
Kiran Kaushik
Senior Vice President and Head of Sales and Distributionno datano datano data
Harish Narayanan
Chief Digital & Marketing Officerless than a yearno datano data
Alok Sheopurkar
Executive VP & Head of Human Resourcesno datano data0.023%
₹ 208.5m
Shobhit Mehrotra
Head of Fixed Incomeno datano data0.096%
₹ 871.7m
Chirag Setalvad
Head of Equitiesno datano data0.036%
₹ 322.4m

1.6yrs

Average Tenure

56yo

Average Age

Experienced Management: 541729's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Navneet Munot
MD, CEO & Director3.8yrs₹84.75m0.010%
₹ 92.9m
Deepak Parekh
Chairman of the Board24.3yrs₹5.10mno data
Renu Karnad
Non-Executive Director24.3yrs₹4.50m0.079%
₹ 714.0m
Dhruv Kaji
Non-Executive Independent Director6.1yrs₹5.20mno data
Jairaj Purandare
Non-Executive Independent Director6.1yrs₹5.00mno data
Roshni Malhotra
Additional Non-Executive Independent Women Director5.6yrs₹3.30mno data
Parag Shah
Non-Executive Independent Director5.8yrs₹4.30mno data
Sanjay Bhandarkar
Non-Executive Independent Director6.1yrs₹5.30mno data
V. Rangan
Additional Non-Executive Non-Independent Directorless than a yearno datano data

6.1yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 541729's board of directors are considered experienced (6.1 years average tenure).